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On Wednesday, Governor Dannel P. Malloy addressed members of the General Assembly to discuss his Biennial Budget for the 2018 – 2019 Fiscal Year. His address can be found here.

This proposal includes shifting approximately 1/3 of teacher’s pensions onto individual municipalities, something that was previously 100% covered by the state. This will be in addition to the money already being paid to the state for income tax, state tax, and property tax. This adjustment will now force towns that have been preparing their individual budget for months to have to readjust funds to cover these new expenses.

This radical distribution of state funds is essentially punishing well run towns and redistributing it to towns and cities that have mismanaged their funds.

In addition, Hartford will receive the biggest increase with approximately $47.3 million in state aid going to the capital city, equating to almost a 17 percent increase. Gov. Malloy has also budgeted $250 million to the city for renovations to the XL Center.

This budget as proposed will result in a large tax hike for the taxpayers of Killingly and Plainfield.